Examples of Earnout Consideration in a sentence
The Upfront Stock Consideration, as described in Section 2.2, shall amount to Purchaser Common Stock with a value of $3,000,000, and the aggregate Earnout Consideration, as described in Section 2.5, may amount to a total value of up to $24,000,000.
Upon issuance, the Purchaser Common Stock issued as Upfront Stock Consideration or in respect of Earnout Consideration will be duly authorized, validly issued, fully paid and non-assessable and will not be subject to any option, call, preemptive, subscription or similar rights or Encumbrances, other than Permitted Encumbrances, the Voting and Agreement ands restrictions on Transfer imposed by state and federal securities Laws.
The aggregate consideration to be paid by Purchaser to Seller for the purchase of the Acquired Shares and the other Contemplated Transactions (the “Purchase Price”) will be: (i) the Upfront Stock Consideration; plus (ii) Global Revenue Earnout Consideration, if any; plus (iii) US Revenue Earnout Consideration, if any; plus (iv) Regulatory Milestone Payments, if any.
To the extent requested by Purchaser, Seller shall provide an allocation of the Upfront Stock Consideration and the Earnout Consideration as between outstanding shares of common and preferred stock of the Company that comprise the Acquired Shares.
The aggregate consideration to be paid to holders of all other equity interests of the Company in, or in connection with, the Merger shall be the Aggregate Base Consideration plus, subject to the vesting and forfeiture conditions specified in Section 2.04, the Aggregate Earn-out Consideration.